Legal ang paglilipat ng P125-M pondo ng OP sa OVP noong 2022 na nagastos sa loob ng 11 araw — COA | 24 Oras - video Dailymotion

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Transcript

00:00 The spending of the Office of the Vice President is smaller than the previous one.

00:04 The office of the president transferred P125 million pesos from the office of the president.

00:09 According to the question of a lawyer in COA,

00:13 and COA also answered if the transfer is legal.

00:16 Sandra Aguinaldo was the one who answered.

00:18 In discussing the plenary of the proposed 2024 budget of the Commission on Audit or COA,

00:27 it was revealed that the Office of the Vice President or OVP is using P125 million pesos as a confidential fund for 2022.

00:37 This fund became controversial because it was released by the budget department of the OVP

00:43 from the contingent fund under the leadership of President Ferdinand Marcos Jr.

00:48 According to COA, the release of the fund is legal,

00:51 contrary to what some say that it is against the Constitution.

00:55 But the sponsor of the COA budget, Marikina Representative Stella Kimbo,

01:00 said that the OVP spent P125 million pesos within 11 days.

01:07 The truth is, I was also surprised when I read the news that it seems that it was spent within 19 days.

01:26 I asked COA and I looked at various reports, but it was not spent within 19 days, if not 11 days.

01:54 We heard the OVP's statement on this and we are waiting for their response.

02:00 It should be transparent on the spending or use of public funds because that is the mandate of COA,

02:08 that they can report that they spent our public funds properly.

02:14 According to Kimbo, COA said that the OVP used the fund as a confidential fund

02:20 under the line item Good Governance, Engagements and Social Services Project.

02:26 The process of reporting to the confidential and intelligence fund is different.

02:31 It is not public how it was spent.

02:35 But in the previous budget briefing, it was said that there is no need for receipt for its liquidation.

02:41 But it is said that the government agencies are using documents of their own spending.

02:47 Several agencies were found to be disobedient in reporting to the confidential and intelligence fund.

02:54 A congressman asked what the punishment for disobedient in reporting is.

03:01 Under the current set of rules, there are no penalties. There are no sanctions.

03:22 That is why COA has a plan to stop the process of liquidation of funds.

03:31 The plan of some lawmakers should clarify which agency should have the right to do this.

03:36 For GMA Integrated News, Sandra Aguinaldo, Katutok 24 Hours.

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Legal ang paglilipat ng P125-M pondo ng OP sa OVP noong 2022 na nagastos sa loob ng 11 araw — COA | 24 Oras

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